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Thread: What purpose did the tax cut for the wealthiest serve?

  1. #971
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by X Factor View Post
    Sure, most awesome posts start with, "You are stupid" or some variation thereof. LOL
    Quote Originally Posted by TurtleDude View Post
    MOre ever widening stupidity.
    Don't let the symantics fool you.. If he can call others stupid, then he can live with being called stupid.. If he wants to report me.. Fine let him.. It is all he has left to prove a point.. If he can't argue the facts, then damn it he can report someone for doing the same thing he does..

    That is really stupid if you ask me..

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    Dungeon Master
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by DemonMyst View Post
    If you have to correct someone's spelling.. You are obviously over your head in the topec being discussed.. Let us know when you actuilly have something intelligent to add instead of being spelling or gramar police!!

    If you have nothing to add to a thread then don't post.. Do us all a favor and go troll somewhere else..

    I left a couple of mispelled words for you.. I just want you feel usefull.. Just trying to be nice..
    Quote Originally Posted by DemonMyst View Post
    Don't feed the trolls.. See.. Your not even smart enough to do that..

    I never claimed to be a perfict speller.. But I am not stuped enough to base my entire arguement on a word that someone mispelled.. If you can't address my issues and points then you have nothing to say.. Which is again par for the course for you..

    Again.. I left some mispelled words.. Don't want you to run out of lame excuses to not address someone's post.. Not to mention feeding the trolls.. Got to keep them fed don't we..
    Quote Originally Posted by DemonMyst View Post
    Don't let the symantics fool you.. If he can call others stupid, then he can live with being called stupid.. If he wants to report me.. Fine let him.. It is all he has left to prove a point.. If he can't argue the facts, then damn it he can report someone for doing the same thing he does..

    That is really stupid if you ask me..
    Hummm, this topic really must be over my head. I'm missing all the on topic arguments in these posts.
    Last edited by X Factor; 09-08-11 at 03:39 AM.
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  3. #973
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by X Factor View Post
    I'm missing all the on topic arguments in these posts.
    Including your own obviously!

    Trickle-Down Economics: Four Reasons Why It Just Doesn't Work

    "1. Cutting the top tax rate does not lead to economic growth."

    "2. Cutting the top tax rate does not lead to income growth."

    "3. Cutting the top tax rate does not lead to wage growth."

    "4. Cutting the top tax rate does not lead to job creation."


    "Overall, data from the past 50 years strongly refutes any arguments that cutting taxes for the richest Americans will improve the economic standing of the lower and middle classes or the nation as a whole. To be sure, the economic indicators examined in this report are dependent on a variety of factors, not just tax policy. However, what this study does show is that any attempt to stimulate economic growth by cutting taxes for the rich will do nothing -- it hasn't worked over the past 50 years, so why would it work in the future? To put it simply and bluntly, Bush's top-bracket tax cut is an ineffective attempt at stimulus that will not cause any growth -- unless, of course, if you're talking about the size of the deficit."
    Last edited by Catawba; 09-08-11 at 04:10 AM.
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  4. #974
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by Occam's Razor View Post
    When the wealthy who control the economy stop bringing it to the brink of disaster with no consequences to them, then I'll shed a tear for them. When we get ourselves out of debt and the majority of the people are employed with a living wage then we can talk about tax rates and what's fair.

    Tyranny does not confine itself to government, it more often arises from private interests. Just as the constitution tries to protect us from our gov't, our gov't was to protect us against the corporate privateers that seek to accumulate wealth and power into the hands of a few at the expense of the many. Precisely because corporations are soulless, amoral entities, they require (as the founders said) tight regulation to keep them from monopolizing the wealth of the country.

    This is a no brainer... if 400 people have 85% of the wealth locked up, commerce ceases to be possible. You do realize we are trying to run the world's largest economy on 15% of available wealth... right? It's not freakin possible. That money MUST be put back into the economy, and if they won't do it voluntarily, as a last resort, We the People sure as hell will tax it out of them. Why? Because YOU CAN"T RUN THE WORLD'S LARGEST ECONOMY ON 15% OF IT"S WEALTH!

    It's simple number mechanics. However much that sucks, the super wealthy are not being deprived of anything. Doubling taxes on the remaining 15% is literally taking food off the table which sucks so much more... for so many more.

    Get a soul TD... seriously!
    assuming facts not in evidence combined with a healthy dose of envy.



  5. #975
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by Catawba View Post
    Excellent! A well reasoned post backed up with facts!
    what facts, he makes claims that confiscatory tax rates are good-that is not a fact, he is a classic wealth confiscating lefty who opines without proof



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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by TheDemSocialist View Post
    *Yawn* More opinion and no facts....
    Yeah, clamoring for higher rates is "fact". Slurpage without substance



  7. #977
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by X Factor View Post
    I KNEW it. If some people had their way, there would be no end to the tax burden, all the way up to 90% of someone's income. A lot of people (ok, on the left) deny that they want taxation to get up into the 70-90% range, which doesn't really follow. If someone believes higher taxes are the right answer, then it makes sense that that person would believe that the more taxation the better ~ which is pretty much exactly what this post argues.
    Excellent point, the evil of the current system is that the politicians who buy the votes of people like OR and Catawba have no incentive to stop that buying until the rates hit 100% on the top brackets. as long a they can pander to a majority of the voters who do not pay the top rates, they have no limit until 100% on the top brackets. NONE of the wealth confiscaters have ever addressed that point and one has publicly admitted that the wealth of the rich is held completely at the whim of the masses and if the masses decide to impose a 100% tax on anyone making more than 200K, 400K etc its ok with him and PROPER



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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by TurtleDude View Post
    Excellent point, the evil of the current system is that the politicians who buy the votes of people like OR and Catawba have no incentive to stop that buying until the rates hit 100% on the top brackets. as long a they can pander to a majority of the voters who do not pay the top rates, they have no limit until 100% on the top brackets. NONE of the wealth confiscaters have ever addressed that point and one has publicly admitted that the wealth of the rich is held completely at the whim of the masses and if the masses decide to impose a 100% tax on anyone making more than 200K, 400K etc its ok with him and PROPER
    That's never going to happen TD, X Factor, you're exaggerating.

    Our Congress is made up of (mostly) millionaires. Why would they vote for all of their income to be taxed away?
    Last edited by David D.; 09-08-11 at 09:23 AM.

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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by David D. View Post
    That's never going to happen TD, X Factor, you're exaggerating.

    Our Congress is made up of (mostly) millionaires. Why would they vote for all of their income to be taxed away?
    True, it won't hit that rate NOW but you assume the masses will always vote for millionaires (before they take office)



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    Quote Originally Posted by TurtleDude View Post
    True, it won't hit that rate NOW but you assume the masses will always vote for millionaires (before they take office)
    Well, I think it's safe to assume that it's going to remain this way for the foreseeable future.

    However, perhaps the Internet might change that one day. Who knows?

    Thing is, most regular folks have neither the time nor the money to campaign. It costs too much money (and in my opinion really a waste of money in many respects).

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